The Discipline Of Accounting & Finance Recent Events

Money as the single bottom line is increasingly a thing of past. Pursued profit leads to unethical management, propagate false or misleading information, bad corporation reputation, unstable employment, reducing long run profit etc.

Before reading this book titled Accounting Now by Mark Sasscer, I was merely familiar with a few elements of leadership skills that I obtained from my professional experiences. I recognized that becoming a great leader; one must be confident, communicate effectively, compassionate and be able to solve problems. However after reading this book, I discovered it was essential to have these elements along with other essentials and approach that will improve and reinforce my leadership skills now and in the future. According to Mark Sasscer, there are “Ten principles of Personal Leadership” that a leader can abide in order to be a successful leader. I will describe the ten principles, including my thoughts and the elements that significantly impacted my perception of accountability and leadership.

The purpose and goal behind researching the income statements and balance sheets then calculating the ratios is mainly to help creditors and investors make their decisions easier and faster. The way we are presenting our research results helps the investors and creditors make the decision which of the companies is more worthy to invest in or loan money too without taking a risk, and lowering the chances that they will be disappointed by the results of their investment, or in the creditors case they can be almost certain the company they are loaning the money to would be worthy enough of paying the money back without a hassle.

Real Future Accounting, founded by Michael Kummer April 2014, is a new accounting firm located at 5268 Canal Drive in Kennewick Washington. We are Open Monday thru Friday, 8am-8pm. Our professional accountants are standing by, ready to answer any questions that you may have, or to perform any services that you may require. You may also contact us at +1 (509) 555-2525/5252 or through our web page, www.RealFutureAccounting.com. Our mission statement is to ensure that our clients prosper while receiving professional services. We strive to keep our clients informed on any new advances in technology in regards to their finances, such as new apps, or finance software that they can use from their home computers.

Thank you for your response. As mentioned previously, I continued to monitor my account through the portal thoughout the previous session. I did not receive an invoice, and was not aware of one until you called. Also, I have access to the ledger, the information requested was the fees per class. You addressed that in the email, thank you. However, I am still not clear on the accounting. If the clas is $561.00 per credit hour, and this course is a 3 hour course, how did you arrive at $2,100.00? The invoice I need is for the class most recently

1）What do you think this module is trying to teach you? What did you learn from the module as a whole? Draw examples from the segment you chose to focus on.

The accounting system we use today started in Venice in renaissance period over 520 years ago. The trade business increased hugely during this time and all the financial recordings had to be written down to help people see how their business is doing. During that time in 1494 the first book about was published in accounting by Luca Paciolli and was called “The Collected Knowledge of Arithmetic, Geometry, Proportion and Proportionality”. He was called “The father of Accounting” and most of his described principles have been used up until this day.

Audit experience is no longer required to become a CPA in California. Mr. Reisinger believes this a good change. He believes it makes sense to have two different levels, a CPA without audit experience and a CPA with audit experience. It makes sense because the world has become a lot more complex since Mr. Reisinger got his CPA license. At the time he got his license there were only four Financial Accounting Standards Board rules. Now there are hundreds. A more complex world calls for a more complex system of licensing. Mr. Kauffman, on the other hand, believes audit experience is invaluable to being a CPA. He could not have attained his level of understanding of how businesses and

QuickBooks and Sage 50 Accounting are both great options for small business accounting. These programs help manage business finances which can drastically save time that may have been spent creating Excel spreadsheets and more. However, while both programs are sufficient for small businesses, the programs differ based on what they can offer your company.

The journal is about the factor that inflecting students get in the accounting major. In the journal they did a survey to find out what makes those students choosing accounting as their major. This journal provides me the idea of how many accounting graduates are needed and how it affects the major to be impacted due to the high percentage of students who are interested in the major. There are 64% of students said that they choose it because of their high school accounting class or their first accounting class in college brought them interest, 24% is they love math and the other 12 % is because their family members are accounting major. The survey next attempted to determine the impact of students' first college financial accounting course

Below are extracts from the financial statements of a listed company which operates a chain of bakery and sandwich retail outlets in the United Kingdom.

Reflect on your learning experiences in this module and how these may have influenced your answer.

The accounting industry generates annual revenue of approximately $145 billion by providing services such as auditing, bookkeeping, payroll, and tax preparation. With over 125,000 service providers in the United States, the industry is dominated by the “Big Four” accounting firms of Deloitte, Ernst & Young, KPMG, and Pricewaterhouse Coopers. Due to the industry’s role in an increasingly complex business environment, accounting services are highly contingent on implications from regulatory bodies. As a result, the competitive landscape of the industry is dependent on a firm’s ability to provide the “right mix” of services in view of a client’s business and compliance needs. [First Research] Firms that are able to meet the demands of the marketplace by providing specialized and superior services are able to achieve higher profitability rates than its competitors.

By this old way of thinking, neither employees nor shareholders would like to see money being used to support some educational or social initiative instead of being used to pay profit sharing or dividends. For very long time, this dominant thought, together with the lack of awareness about the environmental and social impacts caused by companies, led to decades of a debate “corporations against society and environment”. Even though this debate persists nowadays influenced by left wing thinkers, big part of society and the executives started to see this relation as a synergy instead of as a competition.

Poland officially known as Republic of Poland (Rzeczpospolita Polska) is a country in Central Europe. Poland is bordered by Germany to the west; the Czech Republic and Slovakia to the south; Ukraine, Belarus and Lithuania to the east; and the Baltic Sea and Kaliningrad Oblast, a Russian exclave, to the north. The total area of Poland is 312,679 square kilometers (120,726 sq mi), making it the 69th largest country in the world and 9th in Europe. Poland has a population of over 38 million people, which makes it the 33rd most populous country in the world. (WBO, 2010)